5000 Kiernan Ave Salida, CA 95368
Estimated payment $4,933/month
Highlights
- 0.38 Acre Lot
- No HOA
- Tile Flooring
- Joseph A. Gregori High School Rated A-
- Attached Garage
- Laundry Facilities
About This Home
Welcome to 5000 Kiernan Avenue, a well-located fourplex offering immediate income with significant rental upside. This professionally managed property has been well maintained, making it an ideal turnkey investment for both seasoned and first-time multifamily investors. Each unit benefits from strong tenant demand driven by the property's convenient proximity to Highway 99, providing easy access to major employment centers, shopping, and surrounding communities. The current management structure allows for a seamless transition while still offering investors the opportunity to increase rents over time through market adjustments and operational efficiencies. Situated in the growing Salida market, this fourplex combines stability, upside potential, and an excellent locationmaking it a compelling addition to any investment portfolio.
Listing Agent
Cornerstone Real Estate Group License #01982075 Listed on: 01/08/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.38 Acre Lot
Home Design
- Quadruplex
- Concrete Foundation
- Slab Foundation
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,700 Sq Ft Home
- 1-Story Property
Flooring
- Tile
- Vinyl
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Attached Garage
- Carport
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 135-004-041-000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Additional Features
- Laundry Facilities
- 4 Leased Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,025 | $589,924 | $92,006 | $497,918 |
| 2024 | $8,819 | $578,357 | $90,202 | $488,155 |
| 2023 | $8,625 | $567,018 | $88,434 | $478,584 |
| 2022 | $8,261 | $555,900 | $86,700 | $469,200 |
| 2021 | $8,103 | $545,000 | $85,000 | $460,000 |
| 2020 | $6,094 | $387,600 | $81,600 | $306,000 |
| 2019 | $2,859 | $88,689 | $26,600 | $62,089 |
| 2018 | $2,768 | $86,951 | $26,079 | $60,872 |
| 2017 | $2,683 | $85,247 | $25,568 | $59,679 |
| 2016 | $2,595 | $83,576 | $25,067 | $58,509 |
| 2015 | $2,873 | $82,322 | $24,691 | $57,631 |
| 2014 | $2,857 | $80,711 | $24,208 | $56,503 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/08/2026 01/08/26 | For Sale | $799,500 | +46.7% | $296 / Sq Ft | |
| 11/03/2020 11/03/20 | Sold | $545,000 | 0.0% | $202 / Sq Ft | View Prior Sale |
| 09/22/2020 09/22/20 | Pending | -- | -- | -- | |
| 09/21/2020 09/21/20 | Off Market | $545,000 | -- | -- | |
| 09/16/2020 09/16/20 | For Sale | $545,000 | -- | $202 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $545,000 | Placer Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $408,750 | New Conventional |
Source: MetroList
MLS Number: 226002476
APN: 135-04-41
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